IPO pricing and allocation: a survey of the views of institutional investers

Despite the central importance of investors to all IPO theories, relatively little is known about their role in practice. In this paper we survey institutional investors about how they assess IPOs, what information they provide to the investment banking syndicate, and the factors they believe influe...

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Bibliographic Details
Main Authors: Jenkinson, T, Jones, H
Format: Working paper
Published: University of Oxford 2006